TANAKA Establishes Production System in China for Fuel Cell Electrode Catalysts
September 12, 2023
TANAKA Kikinzoku Kogyo K.K. which operates an industrial precious metals business as a core company of TANAKA Precious Metals, announced today that it has signed a technical assistance agreement with Chengdu Guangming Paite Precious Metal Co., Ltd., an affiliated company in China, in the area of fuel cell electrode catalyst manufacturing technologies.
As part of the agreement, production equipment will be installed at the plant of Ya’an Guangming Paite Precious Metal Co., Ltd., a subsidiary of Chengdu Guangming Paite Precious Metal, with plans to start full-scale production in the summer of 2024. The companies also plan to start production of fuel cell electrode catalysts for the Chinese market by the end of 2025. As a member of TANAKA and with the leading share of the global market for fuel cell electrode catalysts, TANAKA Kikinzoku Kogyo aims to use this agreement to meet the growing domestic demand for fuel cell electrode catalysts in China.